Reports are supplied at the
request of the customer and it is for the customer's exclusive use. Reports express an
opinion of the time of the examination of the jewelry. This report is for customers use
only for the following two purposes, indicating estimated retail replacement value to
obtain insurance coverage, or for the purpose of providing geological information.
goldsmith Works does not guarantee that the appraisal valuation will result in a sale at
the price. Estimated retail replacement value is arrived after analyses of what the
approximate high retail cash asking price is for labor, materials, and design. These
prices may be substantially higher than actual transaction or warranty with regards to any
item described in the report, since jewelry grading is not an exact science, this
report represent the best opinion of the company. GoldSmith Works is in no case
responsible for differences that occur by repeated grading by other experts in the field
and/or use of other standards, norms, methods or criteria other than those used by
GoldSmith Works. GoldSmith Works is expressly held harmless by customers including, but
with out limitation for any claims or actions that may arise out of negligence in
connection with the preparation of this laboratory report, or actions based upon the
customer's use of the report. The information on the carat weight, clarity grade, color
grade on the report is approximate due to the limitations in jewelry grading. The item was
tested, graded, and examined under 10x magnification using the techniques and equipment
available to GoldSmith Works, including fully corrected triplet loupe, binocular
microscope, master color comparison guides, diamond color comparison tools, electronic
carat balance, non-contact optical measuring device, and ancillary instruments necessary
at the time of Exam

JAPANESE IMPERIAL PERIOD
HATTORI-SEIKOSHA
WRIST WATCH

READY TO WEAR
RESTORED & OVERHAULED
ALL FEATURES WORKING
EXCELLENT CONDITION
VINTAGE
1938-1945
JAPANESE
MILITARY
SEIKO

WITH

15 JEWEL
SEIKOSHA
MANUAL WIND
MILITARY MOVEMENT

WITH ITS

ORIGINAL
TWO PIECE
CHROME PLATED
&
STAINLESS
CASE

RESTORED
LEATHER
SEIKOSHA JAPANESE
WRIST STRAP

7.4 INCHES MAXIMUM

*************************************

TYPE
RARE

THIS
IS A COLLECTORS WRIST WATCH, THOUGH IT OPERATES AS IT SHOULD AND IS IN EXCELLENT TO FINE
CONDITION, THIS SHOULD NOT BE AN EVERYDAY WEAR WATCH. SIMPLY PUT, IT IS EXTREMELY RARE AND
PARTS ARE DIFFICULT TO FIND.

*************************************

The Rise Of Japan
1905 - 1945

Imperial Army

Imperial Seal

Seal & Flag

Imperial Flag

Manchuria , along with other borderlands of the
Chinese Empire such as Mongolia and Tibet, came under the influence of colonial powers
such as Britain which nibbled at Tibet, France at Hainan and Germany at Shandong.
Meanwhile the Russia encroached upon Turkestan and Outer Mongolia, having annexed Outer
Manchuria. Inner Manchuria also came under strong Russian influence with the building of
the Chinese Eastern Railway through Harbin to Vladivostok.

Due to the Russo-Japanese War in 19041905, in
which Japan surprised the world powers by decisively defeating Russia on the ground as
well as out at sea,virtually annihilating the Russian Far East Fleet and the The Russian
Second Pacific Squadron (The Russian Baltic Fleet Renamed) , Japan
replaced Russian influence in the southern half of Inner Manchuria.

Great Empire of Manchuria

With the erosion of Qing China influences in the
19th century, Korea began to show greater independence, partly to avoid western
domination, but also to avoid Japanese control, while Japan was rapidly modernizing in the
second half of the 19th century and showing a keen interest in Korea.

By the 1880s there were pro-Japanese and pro-Qing
factions influencing decisions by the Korean court. With the defeat of Qing forces inside
Korea in 1895 and the murder of Empress Myeongseong by Japanese agents, and the subsequent
defeat of Imperial Russia by Japan in 1905, Korea came firmly under the control of Japan
and would be occupied by Japan for 35 years.

Japanese General Kuroki and his staff, including
foreign officers and war correspondents 1904

AFTER THE Russo-Japanese War the European
powers and the United States recognized Japan as a colonial power and a valuable
ally during World War I., In Japan, this led to the rise of ultra-right wing and
nationalist leaders, such as Fumimaro Konoe and Sadao Araki, who advocated uniting Asia
under the rule of the emperor. Known as hakk˘ ichiu, this philosophy gained ground during
the 1920s and 1930s as Japan needed increasingly more natural resources to support its
industrial growth.

Japan entered World War I in 1914, seizing the
opportunity of Germany's distraction with the European War to expand its sphere of
influence in China and the Pacific. Japan declared war on Germany on August 23, 1914.
Japanese and allied British Empire forces soon moved to occupy Tsingtao fortress, the
German East Asia Squadron base, German-leased territories in China's Shandong Province as
well as the Marianas, Caroline, and Marshall Islands in the Pacific, which were part of
German New Guinea. The Siege of Tsingtao and a swift invasion in the German territory of
Jiaozhou (Kiautschou), proved successful and the colonial troops surrendered on November
7, 1914. Japan then gained the German holdings.

Terauchi Masatake
Prime Minister of Japan
1916-1918

In July 1918, President Wilson asked the Japanese
government to supply 7000 troops as part of an international coalition of 25,000 troops
planned to support the American Expeditionary Force Siberia. (the western powers acting
against the Russian Revolution) Prime Minister Terauchi Masatake agreed to send 12,000
troops, but under the Japanese command rather than as part of an international coalition

To keep the economy growing, an emphasis was placed
on arms and weapons production with much of the raw materials coming from the United
States. Rather than continue this dependence on foreign materials, the Japanese decided to
seek out resource-rich colonies to supplement their existing possessions in Korea and
Formosa.

Manchuria was (and still is) an important region for
its rich mineral and coal reserves, and its soil is perfect for soy and barley production.
For pre-World War II Japan, Manchuria was an essential source of raw materials. Without
occupying Manchuria, the Japanese probably could not have carried out their plan for
conquest over Southeast Asia or taken the risk to attack Pearl Harbor on the 7th of
December, 1941

Around the time of World War I, Zhang Zuolin
established himself as a powerful warlord with influence over most of Manchuria. He was
inclined to keep his Manchu army under his control and to keep Manchuria free of foreign
influence. The Japanese tried to kill him in 1916 by throwing a bomb under his carriage,
but failed. The Japanese finally succeeded on June 2, 1928, when a planted bomb exploded
under his seven-carriage train a few miles from Mukden station.

On September 18, 1931, the Japanese staged an
incident along the Japanese-owned South Manchuria Railway near Mukden (Shenyang). After
blowing up a section of track, the Japanese blamed the "attack" on the local
Chinese garrison. Using the "Mukden Bridge Incident" as a pretext, Japanese
troops flooded into Manchuria.

On October 24, the League of Nations passed a
resolution demanding the withdrawal of Japanese troops by November 16. This resolution was
rejected by Tokyo and Japanese troops continued operations to secure Manchuria.

the Japanese created the puppet state of Manchukuo
with the last Chinese emperor, Puyi, as its leader. Like the United States, the League of
Nations refused to recognize the new state, prompting Japan to leave the organization in
1933.

On November 25, 1936, Japan joined with Nazi Germany
and Fascist Italy in signing the Anti-Comintern Pact which was directed against global
communism.

the military, Konoe permitted troop strength in
China to grow and by the end of the year Japanese forces had occupied Shanghai, Nanking,
and southern Shanxi province. After seizing the capital of Nanking, the Japanese brutally
sacked the city in late 1937 and early 1938.

The last Manchu emperor, Puyi, was then placed on
the throne to lead a Japanese puppet government in the Wei Huang Gong, better known as
"Puppet Emperor's Palace". Inner Manchuria was thus detached from China by Japan
to create a buffer zone to defend Japan from Russia's Southing Strategy and, with Japanese
investment and rich natural resources, became an industrial domination.

As his brother Emperor Puyi was without a direct
heir,, HIS YOUNGER BROTHER, Prince Pujie, was regarded first in line to succeed the
Manchukuo throne, and the Japanese officially proclaimed him as heir apparent. He l went
to Japan for studies. After graduation from the Imperial Japanese Army Academy, Pujie
agreed to an arranged marriage with a Japanese noblewoman. Pujie selected Lady Hiro Saga
(1914-1987), who was a relative of the Japanese Imperial Family from a photograph from a
number of possible candidates vetted by the Kwantung Army. the wedding had
strong political implications, and was aimed at both fortifying relations between the two
nations and introducing Japanese blood into the Manchurian Imperial family.

A Japanese propaganda poster for the Tripartite Pact:
"Good friends in three countries".
(left AdOolf HiItler, center Fumimaro Konoe, right Benito Mussolini)

On September 22, 1940, taking advantage of France's
defeat that summer, Japanese troops occupied French Indochina. Five days later, the
Japanese signed the Tripartiate Pact effectively forming an alliance with Germany and
Italy

At the time of the collapse of Manchukuo during the
Soviet invasion of Manchuria of August 1945, Pujie initially attempted to escape to exile
in Japan with his brother. However, as it became apparent that no escape was possible, he
opted to return to Hsinking in an unsuccessful attempt to surrender the city to
Kuomingtang forces of the Republic of China, rather than have the city fall into Russian
hands. Pujie was arrested by the Soviet Red Army, and was sent to prison camps in Chita
and Khabarovsk in Siberia with his brother and other relatives. With the Sino-Soviet
rapprochement after the establishment of the People's Republic of China, Pujie was
extradited to China in 1950.Under the People's Republic of China On his return to China,
Pujie was incarcerated in the Fushun War Criminals Management Centre. A model prisoner, he
became a symbol of leniency by the communist regime, joined the Communist Party of China,
and later served in a number of important posts.In 1978, Pujie became a deputy from
Shanghai at the 5th National People's Congress. He subsequently served as deputy from
Liaoning, Politburo Standing Committee Member, and Vice Chairman of the Nationalities
Committee of the 6th National People's Congress in 1983. He was appointed Deputy Head of
the China-Japan Friendship Group from 1985. He rose to a seat on the Presidium of the 7th
National People's Congress in 1988. From 1986, Pujie was also Honorary Director for the
Handicapped Welfare Fund.

Kintaro Hattori

881 -- Kintaro Hattori opens the
watch and jewelry shop "K. Hattori" (Hattori Tokaiten in Japanese; currently
named Seiko Holdings Corporation) in the Ginza area of Tokyo, Japan.

1892 -- Seikosha is established in Tokyo
as the clock manufacturing arm of K. Hattori.

1917 -- K. Hattori becomes a company (K. Hattori & Co., Ltd.).

1937 -- The watch production division of Seikosha is split off as
Daini Seikosha Co., Ltd. ( "Daini" = "The Second" Seikosha).

1942 -- Daiwa Kogyo, Ltd. is founded in
Suwa, Nagano by Hisao Yamazaki.

SEIKOSHA
* Almost every Japanese military timepiece seen to date has carried the mark of watch
manufacturer Seikosha or K. Hattori, the forerunners of the modern
day Seiko Co. Ltd. Ginza Tokyo, Japan.

THE 1917 ADVERTISEMENT DEMONSTRATES THE GENIUS OF
THE JAPANESE MIND. FOR THE JAPANESE WOULD, AND ***CONTINUE TOO, PRODUCE SOME OF THE MOST
AMAZING WATCHES AND WATCH MOVEMENTS. THEY IMPROVED UPON THE TECHNOLOGY OF THE WEST.
THE DEFEAT OF RUSSIA ASTOUNDED THE WORLD.

* THERE ARE A FEW BRANDS SUCH AS WALTHAM THAT WERE
UTILIZED FROM WW1 TO WWII. THEY WE RE PERSONAL WATCHES IMPORTED AFTER 1917 SEE THE VINTAGE
ADD BELOW
** S12345
*** POST WWII HI-BEAT - 1969 QUARTZ - 2007 SPRING DRIVE

AFTER THE HUMILIATING 1905 DEFEAT OF THE RUSSIANS BY
THE JAPANESE, JAPAN WAS MORE OR LESS AWARDED KOREA AND MANCHURIA BY THE WORLD
POWERS. IN FACT, RUSSIAN COLONIAL EXPANSION INTO KOREA AND MANCHURIA WERE A DIRECT CAUSE
OF THE JAPANESE-RUSSIA WAR AS OUTLINED ABOVE.

AFTER THE JAPANESE VICTORY, THE WORLD, INCLUDING THE U.S., WERE AMAZED AND ASTOUNDED
AND THE U.S. WOULD FORM AN ALLIANCE OF SORTS WITH JAPAN AND WOULD BE ONE OF JAPAN'S
LARGEST TRADING PARTNERS.

BY 1933, JAPAN BEGAN TO SEE HERSELF ON EQUAL GROUND TO THE WORLD POWERS. NATIONALISM
AND MILITARISM WERE AT THE FRONT OF HER AGENDA. JAPAN BEGAN FLEXING HER NAVAL POWER
AND EXPANDING IN A WAY THAT THREATENED THE U.S. AND HER EUROPEAN ALLIES.

IN 1936 JAPAN THEN PULLED
OUT OF THE LEAGUE OF NATIONS AND RENOUNCED THE WASHINGTON AND LONDON NAVEL TREATIES IN
ORDER TO SECRETLY DEVELOP A NEW CLASS OF BATTLE SHIP CALLED THE YAMATO CLASS; A CLASS
OF BATTLESHIP THAT WAS THE LARGEST AND MOST FORTIFIED AND GUNNED IN HISTORY.

ON 15 JANUARY 1936, JAPAN
WITHDREW FROM THE LONDON NAVEL CONFERENCE WHERE TALKS WERE TO PROCEED ON ARM
REDUCTION--PRIMARILY ON BATTLESHIPS.

IN 1936, A WORLD WIDE ARMS RACE HAD BEGUN WITH BATTLE SHIPS BEING THE PRIMARY WEAPON OF
CHOICE. FRANCE, GERMANY, ITALY, ENGLAND AND THE US IMMEDIATELY BEGAN PLANS FOR
LARGER MORE POWERFUL BATTLESHIPS..

BY 1937, JAPAN WAS CONDUCTING AN UNDECLARED WAR IN CHINA.

THE SEA WOULD BECOME THE BATTLE GROUND FOR JAPAN AND ITS ISLANDS JAPAN'S BASES. THUS THE
BATTLE SHIP WAS THE MOST PROMINENT WEAPON OF JAPAN.

IT WAS THE WAR WITH CHINA
AND JAPAN'S EMPIRE BUILDING IN KOREA, MANCHURIA AND OTHER PLACES THAT BUILT THE IMPERIAL
ARMY. MOST OF THE FIRST FRONT LINE TROOPS, AND OFFICERS IN THE AIR, ONE THE GROUND
AND ABOARD SHIPS DURING WWII WERE THOSE THAT SERVED IN KOREA AND CHINA.

*********************

SEIKO MILITARY WATCH
ONE OF FIRST BRANDED SEIKO.

FROM 1874 TO 1917,
JAPAN HAD SHED HER ANCIENT OUT-DATED WAYS AND MOVED WITH UNEXPECTED FORCE
INTO THE MODERN WORLD. JAPAN HAD BECOME A BUILDER OF HER OWN ARMAMENTS, SHIPS,
PLANES AND HAD EVEN IMPROVED UPON THE ADVANCEMENTS OF THE MODERNIZED WORLD.
IN FACT, AFTER THE 1904-05 ANNIHILATION OF TWO VAUNTED AND POWERFUL RUSSIAN FLEETS,
SHE HAD BECOME A WELCOME TREATY PARTNER OF THE USA, BRITAIN AND THE WORLD AT LARGE. BY
1917, DAINI SEIKOSHA WAS SEEKING WESTERN TECHNOLOGY TO IMPROVE THEIR
CAPABILITIES TO PRODUCE MODERN WATCHES. THEY INVITED SWISS AND AMERICAN WATCH COMPANIES TO
JAPAN. THEY DID WHAT THE JAPANESE DO BEST. UNDER THE BANNER OF POSSIBLE EXPORTS, THESE
COMPANIES WOULD, IN FACT, TEACH THE JAPANESE WOW TO MAKE WATCHES THAT, BY THE 1950'S,
WOULD COMPETE TOE TO TOE, WITH THE ENTIRE GLOBAL WATCH COMMUNITY.

IN 1917, JAPAN HAD
AGREEMENTS WITH THE MOST ADVANCED COMPANIES IN SWITZERLAND AND THE UNITED STATES. THE
ABOVE ADD IS EXTREMELY IMPORTANT TO THIS OFFER AND ITS HISTORY. MANY SEIKOSHA MILITARY
WATCHES CONTAINED WALTHAM MOVEMENTS! IN ADDITION, SWISS TECHNOLOGY AND FINISHING
TECHNIQUES CAN BE FOUND IN THE LIMITED ANTIQUE VINTAGE JAPANESE TIME PIECES AVAILABLE
TODAY, SUCH AS THIS SEIKOSHA SEIKO TIME PIECE WITH SEIKOSHA MOVEMENT THAT HAS ALL THE
CHARACTERISTICS OF A SWISS OR AMERICAN TIME PIECE OF THE DAY.\

****************************************

THE SEIKOSHA WATCH >
SEIKO > NATION + DELIKATA + OTHERS....

I SPEND MOST OF MY "SPARE" TIME SEEKING CANDIDATES FOR RESTORATION,. I DO NOT
COLLECT THEM, I SELL THEM-- SO I CAN DO IT OVER AND OVER. SO, I COULD NOT BELIEVE MY LUCK
WHEN I DISCOVERED THIS ORIGINAL SEIKOSHA SEIKO

AFTER THE RUSSO-JAPANESE WAR
[1905], WITH JAPAN'S STUNNING VICTORY, JAPAN WAS ON THE MOVE. HER EMPIRE ON THE BUILD
-MOTIVATED BY A GROWING RIGHT WING IMPERIAL MILITARY WING - JAPAN, WITH FULL
SUPPORT OF THE INTERNATIONAL COMMUNITY, RECEIVED THE RIGHT
TO "COLONIZE" KOREA.

IN REALITY, THE US-BRITISH AND FRENCH
GOVERNMENTS SIMPLY HANDED OVER KOREA [1910] --WHICH HAD BEEN A RUSSIAN SEMI-COLONY--AS A
"REWARD" OR THE LATE "SPOILS RESULTING FROM THE WAR.

IT WAS DURING THIS TIME THAT JAPAN
SOUGHT WESTERN TECHNOLOGY IN A BID TO FURTHER WHAT WAS AN INCREDIBLE JOURNEY FROM A
BACKWARDS TECHNOLOGY NATION OF 1875, TO A NATION THAT DESTROYED TWO RUSSIAN FLEETS IN
1905.

THE ONE AND ONLY POWERFUL SEIKOSHA
COMPANY TRAVELED THE GLOBE ABSORBING ALL THE INNOVATIONS IN TIME KEEPING AND SOON BECAME
THE MAIN WATCH AND CLOCK DRIVING AND PRODUCING FORCE IN JAPAN.

THE FOLLOWING PICTURES REPRESENT
SEIKOSHA' ACCUMULATION OF KNOWLEDGE AND EXPERIENCE; A LINE OF STANDARD & MILITARY
WATCHES (THERE WERE MILITARY ACTIONS IN KOREA, CHINA, MANCHURIA AND OTHER PLACES 24/7)
WITH UNIQUE NAMES SUCH AS "NATION" [ SIGNIFYING THE JAPANESE NATION]
SEIKO [WAS NOT A BRAND YET], DELIKATA AND OTHERS. THESE WATCHES WOULD BE WORN AND
CHERISHED JAPANESE SOLDIERS

THE ABOVE PICTURE IS DATED 1929-1930. YOU CAN SEE
THE "SWISS BARS" FINISH ON THE MOVEMENTS -ALTERNATING LINES- YOU ALSO SEE THE
WIRE LUGS AND TWO WITH PIN-LUGS.

THE ABOVE PICTURE SHOWS THE MILITARY
VERSION OF THE SEIKOSHA SEIKO NATION WITH RED 24 HR MIL TIME. THIS MODEL HAS A CHROMED
CASE AND PIN/SPRING BAR LUGS. YOU WILL ALSO NOTE THAT SEIKO IS REPRESENTED AS THE BRAND
WITH NATION IN SMALLER PRINT BELOW ON THE RIGHT. SEIKO WAS JUST BECOMING A
BRAND OF SEIKOSHA, IT WAS A SHORTER NAME FOR SEIKOSHA

THIS SEIKO MILITARY DIAL
HAS
AN ORIGINAL
JAPANESE
IMPERIAL MILITARY WATCH STRAP

THAT IS GLUE ON FINGERS

HEAVY DUTY
CHROME PLATED CASE
HAS SOME WEAR
WE DO NOT RE-PLATE
ANTIQUE JAPANESE WATCHES CASES
KEEPING THE THE VALUE HIGHER

THIS CASE UTILIZES SPRING BARS
WE CHOSE BLACK SPRING BARS

THE "DEEP-PAN"CASE BACK
IS STAINLESS STEEL

THE MOVEMENT FITS INTO A
STAINLESS STEEL CASE BACK
THE SIDES OF THE CASE BACK
FIT TO THE DIAL LINE

WHEN THE OUTER CASE
IS PRESSES ONTO
THE CASE BACK
IT SEALS THE
WATCH MOVEMENT

***********************************

NOW FOR THE STRAP

THE FOLLOWING PICTURES SHOW
A RARE AWESOME RESTORED
CLASSIC
JAPANESE
SEIKOSHA WATCH STRAP

MUCH OF THE TIME ROCK
ATTEMPTS TO UTILIZE
GENUINE ORIGINAL
WATCH STRAPS
FOR
TRENCH WATCHES-WWI WWII-KOREA WAR-VIETNAM
AND
THE MOST EXPENSIVE AND RAREST
THE
JAPANESE EMPIRE PERIOD
[*1905 - 1945]
WRIST WATCHES